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1228 Madison Avenue #5
Coop in Carnegie Hill •  building info
Sponsor Unit • 4bd • 3.5ba • 3,136ft² $1,865 per ft²
Sold price

$7,350,000

Description
Residence Five at 1228 Madison Avenue is a 3,136 square foot, 4-bedroom, 3.5-bathroom home with gracious proportions throughout. A private elevator vestibule leads into the unit, with custom stained white oak chevron flooring throughout the living spaces. The oversized living room is positioned overlooking Madison Avenue, allowing for a truly grand living/dining experience. Accessible via custom pocket doors, the eat-in kitchen, crafted by Molteni, features matte white lacquer cabinetry with white oak detailing, honed Calacatta Estremoz countertops and backsplash, and seating at a built-in breakfast counter. A suite of appliances by Lacanche, Sub-Zero, Wolf, and Miele complete the space. The primary bedroom suite is lavishly appointment with two walk-in closets leading to a windowed primary bathroom finished in slabs of Bianco Oro marble and including a soaking tub, oversized shower, separate water closet, custom designed lighting by Kelly Behun, nickel fixtures from Waterworks and radiant heated floors. Two secondary bedrooms share an oversized en-suite bath with Calacatta marble finishes, Waterworks fixtures, and a soaking tub. A fourth bedroom or library includes an en-suite bathroom and views over Madison Avenue. The home's powder room is wrapped in honed Italian Burlesque marble with a matching marble sink, countertop and apron. Natural brass mirror trim and pendant lighting completes the unique design. Completing the unit are a laundry room with side-by-side washer / dryer and custom cabinetry, a separate refuse room, and a storage unit located in the building's lower level. 1228 Madison Avenue is a boutique 13-unit cooperative with condominium rules, crafted by the artisans at Robert A.M. Stern Architects and Kelly Behun Studio. Now complete and available for immediate occupancy, these finely-detailed residences offer uncompromising levels of quality and design conceptualized and executed by two powerhouse names on Architectural Digest's famed AD100 list. Amenities include a full-time doorman and concierge, fitness center and training studio complete with the latest Technogym equipment, package room, private storage for each residence, and bike storage. The complete offering terms are in an offering plan available from Sponsor. File No. C19-008. Sponsor: 1228 Madison Development Lessee LLC, 540 Madison Avenue, 26th Fl., New York, New York 10022. Development 1228 Madison Owners Corp., 1228 Madison Avenue New York, New York.

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Important Stuff
Washer/Dryer in unit
Elevator
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Storage Available
Dishwasher
Building Amenities
Bike Room
Concierge
Gym
Package Room
Storage Available
Laundry in Building
Outdoor Space
Roof Deck
History
What it'll cost
Purchase price
$5,850,000
Asking Price: $5,850,000
Term
30 Years
Down Payment
$1,170,000 (20%)
Min: 20% (1,170,000)
Rate
6.5 %
Mortgage Amount
$4,680,000
Mortgage Payment
$29,581
Maintenance
$12,739
Estimated closing cost
$139,000
Total monthly cost $42,320
Listing Courtesy of Compass

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